Get multiple home insurance quotes in 02871. Our licensed 02871, RI agents are ready to serve you.

02871 Online Home Insurance Rates

Comparing a bunch of different rates for your home in 02871 is very time consuming. At GetHomeInsuranceQuotes.com, we help you shop and compare up to 12 major top-rated A.M. Best companies, to present the most affordable rates for homeowners living in Portsmouth, RI. Not only do we provide free comparitive rates, but we also answer any questions you have and offer a free consultation process to help you decide which coverage option is best for you. Most of the time, we can add up to 40% more in savings by applying all the discounts and credits, like a home/auto package, security alarm, new roof upgrade or even deadbolts. It's easy to shop with us, we have already partnered with the most competitive home insurance companies in the 02871 area. If you enter your zip code, you can easily begin the online quoting process, it only takes a few minutes. If you would like to give us a call now at 1-855-976-2656 we will be happy to hear from you.

If you would like to review more information on home insurance premiums in Rhode Island, like average Portsmouth homeowners insurance rates, coverage options or home insurance types, please select Portsmouth, RI Home Insurance Rates Online!

02871 Home Insurance Average Premiums

Local 02871 homeowners insurance quotes comparison

$1051 /yr.

Shows Zip Code: 02871 lowest rates with discounts applied on average.

For the 02871, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)
$1051 /yr.
Average Coverage:$1301 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1601 /yr.

What is the average home insurance cost for a home in 02871?

  • • The average homeowners insurance premium paid annually for a home in 02871 is around $1301 per year.

What does it cost on average per month for home insurance in 02871?

  • • Homeowners in 02871 pay a monthly average cost per month around $108.00.

What kind of discount could I get if I combine my home and auto insurance together in 02871?

  • • Autoowners in 02871 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the Portsmouth area, check out other zip codes nearby 02871.
Review average rates in another zip code:
02871 homeowners insurance rates

Home Replacement Cost Coverage in 02871

Average Building Cost Per Square Foot in 02871: $210

Location: Portsmouth, Rhode Island (Newport County)

Average Square Footage in 02871: 1,927 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 02871 before you start any project. Portsmouth homeowners pay on average around $210 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 02871 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 02871 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,927 sq. ft. and the average cost to rebuild the home in this area is around $210 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Portsmouth area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$2101,927$404,700
Additional Upgrades & Added Features$2631,927$505,875
Major Home Updates or Advancements$3151,927$607,050

It's important to understand that when you estimate your replacement cost of your home in the 02871 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 02871

Portsmouth Insurance Agency

Address: 2623 East Main Road Portsmouth, RI 02871
Phone: (401)683-1500
Website: www.portsmouth-ins.com

Best Home & Auto Insurance Agencies in 02871

Portsmouth Insurance Agency

Address: 2623 E Main Rd Portsmouth, RI 02871
Phone:
Website: http://www.portsmouth-ins.com
Info:

Richard E Tanguay - Nationwide Insurance

Address: 1980 E Main Rd Portsmouth, RI 02871
Phone:
Website: http://www.nationwide.com/agent/Portsmouth-RHODE-ISLAND-insurance-agent/richard-tanguay/office.html
Info:

Allstate Insurance Company - Reginald McCarthy

Address: 2576 E Main Rd Portsmouth, RI 02871
Phone:
Website: http://www.providence.citysearch.com/profile/662014880/portsmouth_ri/allstate_insurance_company_reginald_mccarthy.html
Info:

Housing Demographics for 02871

Population Review for 02871 Zip Code

For the city of Portsmouth, the population within 02871 has increased to over 19,093 residents in population size. The current population total is 17,640. We have broken down the population based on race below. In 02871, there are over 8643 in male population and 8997 females.

PopulationValues
Total Population17,640
White Population15700
Black Population288
Hispanic Population645
Asian Population307
Hawaiian Population15
Indian Population41
Other Population213
Male Population8643
Female Population8997
Population Estimate19093

Household Data for 02871

The average number of homes in 02871 is around 7,120, there are an average of 2.42 per household. The average house value according to local real estate values is around $404,700. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode7,120
Persons Per Household2.42
Average House Value$404,700
Income Per Household$104677
Median Age47.6
Median Age Male45.4
Median Age Female49.3
02871 DetailsValues
StateRI
State Full NameRhode Island
City TypeP
City Alias Abbreviation
Area Code401
CityPortsmouth
City Alias NamePORTSMOUTH
CountyNewport
County FIPS005
State FIPS44
Time Zone5
Day Light SavingY
MSA
PMSA
CSA148
CBSA39300
CBSA_DIV
CBSA_TypeMetro
CBSA_NameProvidence-Warwick, RI-MA
MSA_Name
PMSA_Name
RegionNortheast
DivisionNew England
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses445
Number Of Employees4679
Business First Quarter Payroll62433
Business Annual Payroll275864
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population1600852
CBSA Division Population0
Congressional District01
Congressional LandArea268.49
Delivery Residential7890
Delivery Business398
Delivery Total9120
Preferred Last Line KeyV25933
Classification Code
Multi-County
CSA NameBoston-Worcester-Providence, MA-RI-NH
CBSA_DIV_Name
City State KeyV25933
Land Area17.068000
Water Area6.659000
City Alias Code
City Mixed CasePortsmouth
City Alias Mixed CasePortsmouth
Box Count302
SFDU6540
MFDU300
State ANSI44
County ANSI005
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number436860
Unique ZIP Name
SSA State County Code41020
Medicare CBSA Code39300
Medicare CBSA NameProvidence-Warwick, RI-MA
Medicare CBSA TypeMetro
Market Rating Area ID1
County Mixed CaseNewport

Rhode Island Homeowners Insurance News & Information

  • 2025 – Study Shows Home Insurance Market Stabilizing Posted on Wednesday 11th December, 2024

    According to a new report from Matic, the homeowner’s insurance market has shown signs of stabilizing roughly two years after major premium hikes and coverage challenges.  Even though premiums are high, trends in the insurance industry show that a slowdown in premium growth may be coming. Here is a brief overview of the report and […]

  • What’s the average home insurance rate for a $300K home in 2024? Posted on Monday 9th December, 2024

    A recent report from Insurance.com found that the average homeowners insurance rate for a $300,000 in homeowners coverage hit $2,777 per year which breaks down to $231 monthly.  The cost of homeowners insurance in some states can be extremely expensive, for years Florida has been know to have the highest premiums in the nation. When […]

  • $4.5B Estimated In Insured Losses After 2024 Florida Hurricanes Posted on Wednesday 13th November, 2024

    According to the Florida Office of Insurance Regulation, the three hurricanes that made landfall this year have caused more than $4.5 billion in estimated insured losses. Hurricane Debby, Helene and Milton all hit the state within two months of each other Helene and Milton struck just two weeks apart. State data show that over 269,000 […]